Cosmos
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ATOM · 3w

The D in DEX

I have always wondered about this. Since gravity dex is about to launch in 2 months, I thought I should post and ask about it. As far as I know dex means decentralized exchange. So then my question is, isn't uniswap website and gravity dex website centralized? Could it be that it's just partly centralized such that the chains listed are automatic and depending on liquidity pair and have amm and arbitrage? Is there any efforts to take the swapping/books on chain (instead of a website that could be stopped or hacked) hence truly decentralized? Is such a pattern even possible?
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